Last Updated on September 29, 2020
It’s Week 4 already in the NFL! After this week, we will officially be through 25% of the NFL season in terms of games played, which seems absurd. Nevertheless, patterns are starting to form, teams are beginning to show their true selves, and that means the NFL Super Bowl futures markets will begin to stabilize on a week-to-week basis. This also means that time is running out to get the best value on who you believe could win the Super Bowl in terms of betting on these futures markets. After the Chiefs destroyed the Ravens on Monday Night Football, they certainly became the clear favorite to win the Super Bowl, but let’s take a look at the updated odds, other teams who have seen movement, and more.
Updated 2021 Super Bowl Odds: Chiefs Favored
As you can see, the Chiefs are the clear favorites, ranking at at least 200 points better than the Ravens at all legal sportsbooks. As of the morning after the Chiefs victory over the Ravens, Kansas City was +375 at PointsBet, the highest odds we have seen for any time in the 2020 season. Of course, you would want to get the best odds so be sure to use BetMGM in this example, where the Chiefs are +450. Odds movement is certainly not done, as it will move throughout the season. But if Monday Night was any indication, the Chiefs are poised to make some noise all year long…again. Let’s take a look at some other teams whose odds increased after Week 3.
Buffalo Bills Odds Rise to +1700 after Week 3 Win
After 3 weeks. My top 5 teams in the #NFL:
1: Seattle @Seahawks
2: Kansas City @Chiefs
3: Green Bay @Packers
4: @BuffaloBills
5: Tennessee @Titans— Emmanuel Acho (@EmmanuelAcho) September 29, 2020
When was the last time the Buffalo Bills were 3-0? The answer is 2008, but it has only happened a few times in the last 30 years. Make no mistake about it though, the 2020 Bills are for real. As you can see in the chart below, Buffalo’s odds have consistently increased since the offseason, starting at +2500 and are now up to +1700 to win the Super Bowl after their Week 3 victory over the Rams. Bills’ QB Josh Allen has started off hot with 1038 yards and 10 passing touchdowns to go along with two more scores on the ground in three games. Buffalo has scored 27 points or more in all three contests, and have one of the more talented defenses in the AFC. Is this team for real? The legal sportsbooks seem to believe so, and time will tell as the season goes on. Buffalo takes on the Chiefs on October 15th, which will go a long way in answering the question on just how good the Bills are.
Team | Current Super Bowl Odds | Before Week 3 | Before Week 2 | Before Week 1 | Change |
Buffalo Bills | +1700 | +2000 | +2200 | +2500 | -800 |
Green Bay Packers Super Bowl Odds Continue to Climb
Like this Packers team more than any since the Super Bowl team. Very good w a chance to be special. Play calling is smart. @AaronRodgers12 is dialed in. Defense is good enough. Nice mix of vets and youth.
— Colin Cowherd (@ColinCowherd) September 28, 2020
Entering the season, the Packers were +3000 to win the Super Bowl. That has changed in a hurry, as they are all the way up to +1400 after a Week 3 win over the Saints. Green Bay has scored a total of 122 points in three games, including two wins over the Vikings and Saints, both playoff teams a year ago. Aaron Rodgers looks as good as ever, throwing for nearly 300 yards per game and nine passing touchdowns in three blowouts. The Packers just scored 37 against the Saints in New Orleans without Davante Adams, and star running back Aaron Jones has already scored five times. If the Packers defense continues to improve as well, we are looking at a very dangerous football team in the NFC North. With the Packers’ odds moving from 30:1 to 14:1 in three weeks and ranking just behind the Chiefs, Ravens, and Seahawks, the legal sportsbooks already believe in Green Bay.
Team | Current Super Bowl Odds | Before Week 3 | Before Week 2 | Before Week 1 | Change |
Green Bay Packers | +1400 | +1600 | +2500 | +3000 | -1600 |
Super Bowl Odds Movement After Week 3
Here is a look at the biggest #NFL Super Bowl odds movement after Week 3:
📈 Miami Dolphins +20000 to +17500
📈 Detroit Lions +10000 to +8000
📈 Cleveland Browns +5000 to +4000
In addition, the #Chiefs rose from +500 to +400 after their #MNF victory over the #Ravens.
— Action Rush (@ActionRushBets) September 29, 2020
Each week, the odds movement will be analyzed and discussed here at ActionRush. From Week 1 to Week 2, there was significant movement. After Week 2, there was more movement with some teams starting 2-0 and 0-2, but Week 3 really added some confirmations as teams have played nearly 20% of their games already. Here is a look at the biggest upgrades in odds entering Week 4.
Team | Current Super Bowl Odds | Week 3 to Current Movement |
Miami Dolphins | +17500 | +2500 |
Detroit Lions | +8000 | +2000 |
Cleveland Browns | +4000 | +1000 |
Indianapolis Colts | +2500 | +500 |
Tampa Bay Buccaneers | +1400 | +400 |
San Francisco 49ers | +1600 | +400 |
Buffalo Bills | +1700 | +300 |
Tennessee Titans | +2200 | +300 |
Seattle Seahawks | +1000 | +200 |
Green Bay Packers | +1400 | +200 |
Pittsburgh Steelers | +1600 | +200 |
New England Patriots | +2000 | +200 |
Kansas City Chiefs | +400 | +100 |
While the Miami Dolphins are not likely to win the Super Bowl, they did see the biggest increase in odds movement from +20000 to +17500 after Week 3’s victory over the Jaguars. Just behind them was the Detroit Lions, who moved from +10000 to +8000. Some contenders that saw their odds increase were the Colts, Bucs, 49ers, Bills, Titans, Seahawks, and Packers along with the Patriots and Chiefs seeing slight bumps. Even though the Chiefs only moved from +500 to +400 on DraftKings Sportsbook, that is a significant move given how low the odds are already.
Since Week 3, the biggest “losers” in terms of odds movement were the New York Jets, Cincinnati Bengals, and the New York Giants. The Jets are already +30000, with almost zero hope three weeks in. Here is a look at all the teams that saw their odds move in a negative light after Week 3’s games:
Team | Current Super Bowl Odds | Week 3 to Current Movement |
New York Jets | +30000 | -10000 |
Washington Football | +17500 | -5000 |
New York Giants | +20000 | -5000 |
Cincinnati Bengals | +25000 | -5000 |
Denver Broncos | +12500 | -2500 |
Jacksonville Jaguars | +17500 | -2500 |
Atlanta Falcons | +10000 | -2000 |
Houston Texans | +10000 | -2000 |
Los Angeles Chargers | +6600 | -1600 |
Philadelphia Eagles | +5000 | -1000 |
Las Vegas Raiders | +5000 | -1000 |
Minnesota Vikings | +6600 | -600 |
Arizona Cardinals | +3000 | -500 |
New Orleans Saints | +1400 | -300 |
Los Angeles Rams | +2500 | -300 |
Baltimore Ravens | +650 | -150 |
For a deeper look at the latest Super Bowl odds, check out our Super Bowl odds page.
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